Jefferies analysts provide extensive advice on convertible bonds in the U.S., European and Asian markets, assessing convertible structures and offering valuable investing advice to clients. Analysts employ a wide range of technical and analytical tools, including convertible pricing models based on a comprehensive, proprietary global convertible bond database. Jefferies created and maintains an international convertible bond index, the Jefferies Active Convertible Index (JACI). This index has become an industry standard and a valuable benchmarking and management tool for global convertible managers since its inception in 1994. For the investment-grade universe, the firm provides specialized research on the potential impact of convertible bond issuance on the share price of an issuer.
For the non-investment grade universe, analysts perform financial statement analysis to determine the credit quality of these issues in assigning fair value.
